Intel (INTC) Interest Expense

: $-878 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Intel's interest expense for the three months ended in Dec. 2023 was $ -267 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-878 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Intel's Operating Income for the three months ended in Dec. 2023 was $ 1,443 Mil. Intel's Interest Expense for the three months ended in Dec. 2023 was $ -267 Mil. Intel's Interest Coverage for the quarter that ended in Dec. 2023 was 5.40. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Intel Interest Expense Historical Data

The historical data trend for Intel's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Intel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-489.00

-629.00

-597.00

-496.00

-878.00

Intel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-149.00	-193.00	-214.00	-204.00	-267.00

Intel Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-878 Mil.

Intel (NAS:INTC) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Intel's Interest Expense for the three months ended in Dec. 2023 was $-267 Mil. Its Operating Income for the three months ended in Dec. 2023 was $1,443 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $46,978 Mil.

Intel's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1443	/	-267
	=	5.40

The higher the ratio, the stronger the company's financial strength is.

Intel (INTC) Business Description

Industry

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Address

2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549

Website

https://www.intel.com

Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.

Executives

Lip Bu Tan	director	ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Patrick P Gelsinger	officer: SENIOR VICE PRESIDENT	VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Michelle Johnston Holthaus	officer: EVP & GM, CCG	1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
David Zinsner	officer: EVP, CFO	1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Omar Ishrak	director	710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Scott Gawel	officer: CVP, Chief Accounting Officer
Boise April Miller	officer: EVP and Chief Legal Officer	C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christoph Schell	officer: EVP; Chief Cml Ofcr; GM, SMG	C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Steven Ralph Rodgers	officer: EVP General Counsel	2200 MISSION COLLEGE BLVD., ROSEVILLE CA 95054
Gregory M Bryant	officer: EVP, GM, CCG	2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Tsu-jae King Liu	director	2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Dion J Weisler	director	C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Gregory D Smith	director	100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
James J Goetz	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025